Word: mergers
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...years Tanzi hid his company's difficulties by expanding. Following a disastrous foray into television in the 1980s, he staved off bankruptcy by engineering a reverse merger with a dormant holding company listed on the Milan stock exchange and followed up with a big capital increase. That enabled Parmalat to go public in 1990 and plug some of the gaps in its accounts. As early as 1993, according to evidence given to magistrates in Parma, Parmalat allegedly began to play fast and loose with its balance sheet. Starting in 1992, the group began buying up dairy and other companies...
...business, and culture/structure." But in the eight months since, Van der Veer, 57, has done a lot more than those jotted notes suggest. He has radically overhauled Shell's management and governance structure. After months of discussions with regulators and institutional investors, Shell announced in November the full merger of its two parts into a single company with a single board and one chief executive. Shell has been fined by regulators and still faces numerous lawsuits, but even the most critical investors are applauding the speed and boldness with which the CEO faced the crisis. "He deserves...
...Merger plans are still in a preliminary stage, and officials from both schools said they do not expect to reach an agreement for at least six months. Any deal would require the approval of the Rome-based Society of Jesus—the official name of the Jesuit order. Both schools’ boards have given the go-ahead for talks to begin...
...Harvard Street toward Central Square, according to Stachniewicz. It rents classroom space from its next-door neighbor, the Episcopal Divinity School. Stachniewicz said talks with BC are still at such a preliminary stage that Weston has not decided what it will do with its Cambridge holdings if a merger deal is in fact reached...
...oldest Jesuit university in the country, and Dunn said that a merger with Weston would “help to make Boston College the center of Catholic intellectual thought in the United States...